HP Telecom India IPO Overview
The HP Telecom India IPO is set to open on February 20, 2025, and will close on February 24, 2025. This IPO follows a Fixed Price Issue model. The company aims to raise approximately ₹34.23 crores, consisting entirely of a fresh issue.
The IPO price is ₹108 per share, with the investor allocation as follows:
- Retail Investors: 50%
- Non-Institutional Investors (NII): 50%
- Qualified Institutional Buyers (QIB): 0%
The HP Telecom India IPO will be listed on NSE SME on February 28, 2025, with allotment finalization scheduled for February 25, 2025.
HP Telecom India IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | February 20, 2025 |
| IPO Close Date | February 24, 2025 |
| Face Value | ₹10 per share |
| IPO Price | ₹108 per share |
| Total Issue Size | ₹34.23 Crores |
| Fresh Issue | ₹34.23 Crores |
| Issue Type | Fixed Price Issue |
| IPO Listing | NSE SME |
| Retail Quota | 50% |
| NII Quota | 50% |
HP Telecom India IPO Market Lot
The minimum lot size for HP Telecom India IPO is 1,200 shares, requiring a minimum investment of ₹1,29,600.
| Investor Category | Lot Size | Shares | Investment Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1,200 | ₹1,29,600 |
| Retail Maximum | 1 | 1,200 | ₹1,29,600 |
| S-HNI Minimum | 2 | 2,400 | ₹2,59,200 |
HP Telecom India IPO Important Dates
| Event | Date |
|---|---|
| IPO Opening Date | February 20, 2025 |
| IPO Closing Date | February 24, 2025 |
| Allotment Finalization | February 25, 2025 |
| Refunds Initiation | February 27, 2025 |
| Demat Credit | February 27, 2025 |
| Listing Date | February 28, 2025 |
Company Overview
HP Telecom India Limited was founded in March 2011 and specializes in mobile phones and accessories. In 2014-15, the company acquired exclusive distribution rights for Sony LED TVs, mobile phones, and other products in Gujarat.
The company expanded its business further in 2015-16 by becoming the West Region Trade Partner for Jio products in Gujarat. Currently, HP Telecom India Limited distributes brands like Nokia, Micromax, Intex, Gionee, and Karbonn.
As of 2024, the company employs 7 permanent staff and 84 contract employees.
HP Telecom India Financial Performance
| Period | Revenue (₹ Crores) | Expenses (₹ Crores) | Profit After Tax (₹ Crores) | Total Assets (₹ Crores) |
|---|---|---|---|---|
| FY 2022 | ₹292.55 | ₹289.81 | ₹2.13 | ₹46.06 |
| FY 2023 | ₹638.47 | ₹630.00 | ₹6.35 | ₹93.55 |
| FY 2024 | ₹1,079.77 | ₹1,068.17 | ₹8.60 | ₹281.48 |
| Sep 2024 | ₹594.19 | ₹587.17 | ₹5.24 | ₹258.97 |
HP Telecom India IPO Valuation (FY 2024)
| Metrics | Values |
|---|---|
| Return on Equity (ROE) | 29.56% |
| Return on Capital Employed (ROCE) | 66.62% |
| EBITDA Margin | 1.84% |
| Profit After Tax (PAT) Margin | 0.81% |
| Debt-to-Equity Ratio | 0.00 |
| Earnings Per Share (EPS) | ₹13.48 |
| Price-to-Earnings (P/E) Ratio | 8.01 |
| Net Asset Value (NAV) | ₹33.29 |
Peer Comparison
| Company | EPS | P/E Ratio | RoNW % | NAV | Revenue (₹ Cr.) |
|---|---|---|---|---|---|
| Bhatia Communications & Retail | 0.92 | 27.97 | 17.44% | 5.28 | 415.40 |
| Jay Jalaram Technologies | 4.37 | 69.11 | 17.07% | 25.59 | 539.54 |
Utilization of IPO Proceeds
The funds raised from the IPO will be used for:
- Working capital requirements
- General corporate purposes
Promoters & Management
The key promoters of HP Telecom India Limited are:
- Vijay Lalsingh Yadav
- Seemabahen Vijay Yadav
- Bharatlal Lalsingh Singh
Other directors include Dinesh Ram Nath Yadav, Chirag Jitendra Sheth, Hemant Ashwinkumar Jethwa, and Barkha Jain.
IPO Lead Managers & Registrar
Lead Manager:
- Interactive Financial Services Ltd
Registrar:
- Bigshare Services Pvt Ltd
- Contact: +91-22-6263 8200
- Email: ipo@bigshareonline.com
- Website: Bigshare IPO Status
Company Contact Information
- HP Telecom India Limited
- Address: Plot No – 97, 1st Floor, Om Square, Near Ishwar Farm, BRTS Canal Road, Bhatar, Althan-395017
- Phone: +91 9825309977
- Email: compliancehptl@gmail.com
- Website: www.hvciipl.com
Frequently Asked Questions (FAQs)
1. What is HP Telecom India IPO?
HP Telecom India IPO is an SME IPO with a total issue size of ₹34.23 crores, priced at ₹108 per share, and will be listed on NSE SME.
2. When will HP Telecom India IPO open?
The IPO opens for subscription on February 20, 2025, and closes on February 24, 2025.
3. How can I apply for HP Telecom India IPO?
You can apply online through ASBA (via your bank account) or UPI (through stock brokers). Offline applications can be made via stock brokers.
4. What is the minimum investment amount?
The minimum bid size is 1,200 shares, requiring an investment of ₹1,29,600.
5. When is the HP Telecom India IPO allotment date?
The allotment will be finalized on February 25, 2025.
6. When will HP Telecom India IPO be listed?
The IPO is scheduled to list on February 28, 2025, on NSE SME.
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